National Republican., 1887-12-17
VERY DULL MARKET,
The Bulls Obtain Control and Advance
Prices


New YORK, Dec. 16.-The stock market
was again very dull, the recorded trans
actions being still smaller than those of
yesterday, and fluctuations, except in two
or three stocke, were confined to less than
per cent. There was some pressure from
the bears In the morning hours, but the de-
mand, limited as It was, was still sufficient
to prevent any impression being made upon
the list, and later In the day the bulls OBJ.
tained control of the market and advanced
prices all along the line.
The orders from London showed q better
feeling on Americans there, and the only
adverse influence was the bearish dispatches
from Chicago, coupled with stories Of bank
failures, which proved to have little foun-
dation in fact. New England, Fort Worth,
and Denver were the strong stocks the
dealings In the first named being the most
important OF the day, the buying being very
good, especially in the last hour. Man
haitian and Missouri Pacific sold ex- divi-
depd, and the remainder were without
feature and call for no comment. The
opening was steady to firm, but the trans.
actions during the first hour were the small
est ct that time OF day seen In many months,
and the only features to the trading were
the comparative weakness Of Richmond and
West Point and the strength OF Northern
Pacific preferred.
Toward noon Union Pacific sagged of
fraction, and Oregan Transcontinental
showed some strength, but the
general list was simply stagnant until the
afternoon, when there was little more
animation, which, however, was had at the
expense Of values, Lackawana losing nearly
a point. Most Of the list were brought
below the opening figures, but in the last
hour there was more real buying than dur
ing the entire previous portion Of the day,
which had the effect OF again bringing prices
to the best figures OF the day, the close
being dull but finn.
from II to 8, last loan at s, and Clos.
ing offered at 8. Sterling exchange is dull
but firm. Actual business at 4S1a to 4s2
for 60-day bills, and 1851 to 1851 for demand.
Posted rates 1924 to 1864. Government bonds
duh and steady. State bonds very dull and
steady.
Treasury ba,ances-coIn, s1s1, ,ss9, ,1a4;
currency, $9,947047.
The following were the closing bid qou.
tations:
ptss ooSp @ai l2S III IC79 Pac esSdS5 Sd,s 49, 1
T. "a oGnS Gs ' 81 NO. aSs 6s1 DsS
"a Ss 1921 49, do; do g. ex ''' nat do coapon 81 81
Grande firsts, T5; NJ. K, and r., gen. 6s, "a;
do. 5s, 635s: Northern Pac. hrsts, III; do.
seconds, 10O1s; Northwestern cons. 1888; do.
debenture. l07; St. 1 and San Fran, 1l4as st.
Paul con-, 1251: st. P, c., and Pac. tirsts, 118;
Southern Pac. Col frsts. :11031s 7. p. R. l. g.,
6bH: Northern Pacific LIST, lis; West Shore
1919; Adams Express, lao: Alton and T. II.
80; do: ,pfd,, rs; Am. Express, los; Bos. Air
Ghes and Ohio, AZ; Chicago and Alton, lS5;
land sna COY eon anq Coal a. aSe Do GlsHs sHs
2lN; Erie 2sl1; do. pfd., 6311f Fort Wayne, 1904
Harlem, 214; Hous. & Tex, 20: III. Cent. l16;
Kansas & Texas. IS; L. e. & W., 1iM
Lake Lake Shore, siM; Lyl. and Nash, eoA
NJ. & l., i4i; Mich. Gen., S6; Mo. Pac.,
1875; Mob. and o., 8; Mar and F., 1888:
n. Chat, q; N. J. Gen., 741a; Norfolk and
Western pfd Al; Northern Pac., 22ls; do. pfd:,
%; NorthwWestern. lWs l06h; DO. ptd., lS9; n,
pSasoS ps se NsH SSio sg snd RSss Sas NJ DO p P,s ~
% burg. 1852; Reading, e6,l; Rich. % and r. AlIe., | s;
St. Louis and San. Fran, So; do. pfd.,
III; St. p. and O.. 8Ss4; do. pfd., 1867: Tenn,
@. and l., 81; Texas Pao., 25; Union Pac.,
b511; u. s. X, 65; Wab Pac. 1871; do. pfd., 1871;
Wells Fargo, 1870; West Union, tn; Silver
Certificates, 96; Cotton Oil Trust 29l4; Quick
silver. 0: do. pid.. 81 n.
*Asked. fEx-dividend.
Washington Stock Exchange.
The following list Of the most active stocks dealt
in on the WashtnPtOn Stock ExChanpe Ia flrniahpd